Camping World Holdings, Inc. (NYSE:CWH) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its position in shares of Camping World Holdings, Inc. (NYSE:CWH) by 611.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 292,888 shares of the company’s stock after buying an additional 251,748 shares during the period. JPMorgan Chase & Co. owned about 0.34% of Camping World worth $7,094,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of CWH. Geode Capital Management LLC increased its holdings in shares of Camping World by 4.5% in the 3rd quarter. Geode Capital Management LLC now owns 978,330 shares of the company’s stock worth $23,701,000 after acquiring an additional 41,705 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Camping World by 11.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company’s stock valued at $15,798,000 after buying an additional 65,798 shares during the last quarter. Barclays PLC increased its stake in shares of Camping World by 96.9% during the 3rd quarter. Barclays PLC now owns 317,052 shares of the company’s stock worth $7,678,000 after purchasing an additional 156,055 shares during the last quarter. Wellington Management Group LLP acquired a new position in shares of Camping World during the 3rd quarter valued at about $2,578,000. Finally, Citigroup Inc. boosted its holdings in shares of Camping World by 22.6% during the 3rd quarter. Citigroup Inc. now owns 360,258 shares of the company’s stock worth $8,725,000 after buying an additional 66,355 shares during the period. 52.54% of the stock is currently owned by institutional investors.

Camping World Trading Down 0.3 %

Shares of NYSE:CWH opened at $22.15 on Wednesday. The company has a 50-day simple moving average of $22.78 and a 200 day simple moving average of $22.10. The company has a market capitalization of $1.88 billion, a P/E ratio of -32.10 and a beta of 2.49. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. Camping World Holdings, Inc. has a 52-week low of $17.29 and a 52-week high of $28.72.

Camping World Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.26%. Camping World’s dividend payout ratio (DPR) is -72.46%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on CWH shares. Truist Financial lowered their price objective on shares of Camping World from $28.00 to $26.00 and set a “buy” rating on the stock in a research note on Tuesday, January 7th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $24.00 price objective (down previously from $25.00) on shares of Camping World in a report on Monday, October 21st. Raymond James upgraded shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price objective for the company in a research report on Wednesday, October 30th. Bank of America began coverage on shares of Camping World in a research report on Thursday, December 19th. They set a “buy” rating and a $30.00 target price on the stock. Finally, KeyCorp lifted their price target on shares of Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $27.78.

Camping World Company Profile

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.